Private foundation (trust)EIN 237044964Est. 1970-03
SOCORRO ELECTRIC FOUNDATION
SOCORRO, NM 878010278
Accepts unsolicited proposalsTotal Assets
$518K
FY 2023
Annual Giving
$64K
FY 2023
Grants Made
58
FY 2023
Avg Grant
$1K
FY 2023
Grant Range
$1K–$3K
Typical
Deadlines
The first monday of april each year.
Applications
Programs & Activities
Program 1
$56KTo provide college scholarships to students located in the service area of socorro electric cooperative. During 2023 54 students received scholarships.
Program 2
$4KThe foundation supports local schools with assistance in holding spelling bees, coloring contests, kids' science cafe, and livestock sales.
Program 3
$7KGrants to support the annual county fair, local 4h, and ffa programs.
Program 4
$15KThe foundation pays for students and advisors to travel to washington dc on a youth tour sponsored by new mexico rural electric cooperative association.
Financial Snapshot
2023 filing
Total Revenue
$147K
Total Expenses
$82K
Qualifying Distributions
$81K
Distributable Amount
$23K
Min. Investment Return
$24K
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
58 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
4 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
174 grants
Grant Size Distribution
174 grants
Geographic Focus
2 states
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